At December 31, 2019, Dynamic Exploration's balance sheet showed total PPE assets of $918,800 and total accumulated depr

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At December 31 2019 Dynamic Exploration S Balance Sheet Showed Total Ppe Assets Of 918 800 And Total Accumulated Depr 1 (41.82 KiB) Viewed 8 times

At December 31, 2019, Dynamic Exploration's balance sheet showed total PPE assets of $918,800 and total accumulated depreciation of $394.377 as detailed in the PPE Subledger below. Dynamic calculates depreciation to the nearest whole month Required: Complete the schedule by calculating depreciation expense for 2020 for each asset and then determining the balance of accumulated depreciation at December 31, 2020. (Do not round intermediate calculations and round the final answers to nearest whole doller.) Description Buldeg Modular Furniture Truck Date of Purchase May 2, 2014 May 2, 2014 Jan 25, 2017 Cost Information Depreciation Method SL $1. DDB COM2 $ 730,000 $ 100.000 88.000 Balance of Residual Life Accum, Deprec. Dec 31, 2015 $ 290.000 10 DEW 14.000 S/L-Straight-Line: DDB-Double-Decining-Balance 2There have been no disposals or betterments since the date of purchase. 249 333 95-200 49844 Depreciation Depreciation Expense for 2020 Balence of Accum. Deprec Dec. 31, 2020